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Duolingo, Inc. (DUOL) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-06 23:36
Duolingo, Inc. (DUOL) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 36.11%. A quarter ago, it was expected that this company would post earnings of $0.33 per share when it actually produced earnings of $0.51, delivering a surprise of 54.55%.Over the last four quarters, the company h ...
Duolingo(DUOL) - 2024 Q3 - Quarterly Report
2024-11-06 23:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 001-40653 Duolingo, Inc. (Exact name of registrant as specified in its charter) Delaware 45-3055872 (State or other juri ...
Duolingo(DUOL) - 2024 Q3 - Quarterly Results
2024-11-06 21:04
| --- | --- | |----------------|-------| | | | | | | | | | | shareholder | | | letter Q3 2024 | | | | | our mission is to develop the best education in the world and make it universally available. DUOLINGO Q3 / FY 2024 2 Q3 Highlights | --- | --- | --- | |--------------------------------------------|-----------------------|---------------------| | User Metrics | Q3 2023 | Q3 2024 | | Daily Active Users | 24.2M | 37.2M | | | | 54% YoY | | Monthly Active Users | 83.1M | 113.1M | | | | 36% YoY | | Paid Subscri ...
Duolingo Achieves 54% DAU growth and 40% Revenue Growth in Third Quarter 2024
GlobeNewswire News Room· 2024-11-06 21:01
PITTSBURGH, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world’s leading mobile learning platform, announced results for the third quarter ended September 30, 2024 in a shareholder letter that is posted at investors.duolingo.com. "We performed superbly across all of our key operating metrics this quarter, with DAU and bookings growth exceeding our expectations,” said Luis von Ahn, Co-Founder and CEO of Duolingo. “This momentum came from continued execution against our plan to grow us ...
Should You Buy Duolingo Stock Ahead of Q3 Earnings Report?
ZACKS· 2024-11-05 19:56
Duolingo, Inc. (DUOL) is scheduled to report its third-quarter 2024 results on Nov. 6, after the bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for DUOL’s bottom line in the to-be-reported quarter stands at 36 cents per share, indicating a 500% year-over-year improvement. The consensus estimate for revenues is pegged at $188.7 million, indicating a 37.1% increase from the year-ago reported figure. There has been no change in analyst estimates or re ...
Unveiling Duolingo (DUOL) Q3 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-11-01 14:20
Wall Street analysts forecast that Duolingo, Inc. (DUOL) will report quarterly earnings of $0.36 per share in its upcoming release, pointing to a year-over-year increase of 500%. It is anticipated that revenues will amount to $188.67 million, exhibiting an increase of 37.1% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course ...
Duolingo: Priced To Perfection
Seeking Alpha· 2024-10-31 14:26
I recently sold my Duolingo (NASDAQ: DUOL ) stock and consider it a hold at best as it hovers around $300/share. In August , I said the stock was a strong buy. Since then, we're up ~50%. I will explain why I'veAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than fro ...
Duolingo, Inc. (DUOL) Rises Higher Than Market: Key Facts
ZACKS· 2024-10-29 22:50
The most recent trading session ended with Duolingo, Inc. (DUOL) standing at $294.81, reflecting a +1.57% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.16% gain on the day. Meanwhile, the Dow experienced a drop of 0.37%, and the technology-dominated Nasdaq saw an increase of 0.78%. Shares of the company witnessed a gain of 2.91% over the previous month, beating the performance of the Business Services sector with its gain of 2.81% and the S&P 500's gain of 1.67%. Analy ...
Should You Forget Nvidia and Buy These 2 Millionaire-Maker Stocks Instead?
The Motley Fool· 2024-10-24 15:23
Proven winners like Nvidia have made millionaires in the stock market, but their best days of skyrocketing growth are probably behind them. These two innovators may be the next wave of market-crushing growth stories.Some stocks can give you life-changing returns in the long run.If you had invested $3,500 in Apple (AAPL -0.35%) 20 years ago, you'd have a total return of $1.1 million by now. The rise of smartphones worked wonders for the empire Steve Jobs created.The same $3,500 investment in October 2004 wou ...
3 Best Tech Stocks to Buy in October
The Motley Fool· 2024-10-23 22:45
Technology stocks continue to show their staying power.It's been a fantastic year on Wall Street. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average are up 24%, 24%, and 17%, respectively.So, let's take a look at the three best tech stocks that investors should consider buying in October. PayPal HoldingsFor those in search of an affordable tech stock to buy in October, consider PayPal Holdings (PYPL -0.10%). Unlike many tech stocks whose valuations are at multiyear highs, PayPal's current price ...